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David

Retiree

David - Practical Retiree image

Age: 65

Gender: Male

Income: $60,000 per year (pension and investments)

Location: Toronto suburbs

Personality: Calm, practical, and community-oriented

Real Estate Goals and Challenges

David is a 65-year-old, calm, practical, and community-oriented retiree with an annual income of $60,000 from his pension and investments. After living in the Toronto suburbs for many years, he is ready to downsize to a more manageable property while staying close to friends and family. His main goal is to find a smaller home or condo in a quiet neighbourhood with easy access to healthcare and recreational facilities.

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Goals

To find a smaller home or condo in a quiet neighborhood with easy access to healthcare and recreational facilities

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Challenges

Downsizing to a more manageable property while staying close to friends and family

Our Analysis

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Embracing an Active and Social Retirement Lifestyle

As a retiree, David values his independence and wants to live in a community that promotes an active and social lifestyle. Therefore, he is interested in exploring properties with accessible design features and amenities, such as single-level living, elevators, and secure entrances. Additionally, David would appreciate having nearby walking trails, parks, and community centres to engage with fellow residents.

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Navigating the Market for the Ideal Retirement Home

David’s challenge is to find a suitable property that meets his needs within a reasonable distance from his existing support network. By collaborating with a real estate agent specializing in retirement living and understanding his priorities, David can confidently navigate the market and secure his ideal home.

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Balancing Proximity to Family and Desired Amenities

An essential aspect of David’s search for a new home is finding the right balance between staying close to his friends and family while ensuring easy access to healthcare and recreational facilities.

Matching Listings

Why Work With Us?

VIP Platinum

Gain early access to VIP Platinum projects before they become available to the general public.

Protect Your Interests

A real estate agent protects your investment by identifying potential risks and looking out for your best interests during the preconstruction process.

Special Financing

Our mortgage broker partner grants you access to multiple lenders with exclusive and promotional mortgage offers, such as the 100% preconstruction financing.

Our Services

Listing & Selling New Properties

Let us take care of the complexities of selling your property. Our experienced agents will create a tailored marketing plan, handle negotiations with buyers, paperwork and legal documents, and guide you through every step of the transaction process. With our expertise and support, you can have peace of mind knowing that your property is in good hands. Contact us today to schedule a consultation.

New Home Search & Buying Assistance

Buying a new home can be confusing and overwhelming, especially if you are not too familiar with the details of the process. We aim to protect your interests by educating and informing you of the common pitfalls to avoid and opportunities to seize your advantage while you find your next new home. So let our expert real estate agents guide you every step of the way.

Property & Tenant Management

Our property management services can help property owners efficiently manage their rental properties. We address the pain point of dealing with problem tenants by handling tenant screening and taking prompt action on late rent payments or property damages. With our expertise and support, property owners can have peace of mind knowing that their investment is protected. Contact us today to learn more.

Relocation & Moving Services

In addition to our expert guidance in finding your perfect new home, we have screened a few trusted relocation companies in the local neighbourhood of your new home. These companies can assist with every aspect of your move, from packing and transportation, so you can focus on settling into your new neighbourhood. Enjoy our comprehensive relocation services, and you can have a stress-free and seamless transition to your new home.

Invest in Real Estate Investment Trusts (REITs)

Individual investors seeking to diversify their portfolio with real estate assets can invest in REITs as a solution. REITs offer a diversified portfolio of income-generating properties without requiring property management. With REITs, investors can gain exposure to the real estate market and the potential for income and capital appreciation while enjoying liquidity. It's a convenient and accessible way for individual investors to diversify their portfolios with real estate assets.

Have a Different Question?

Visit the Learning Hub

Explore the Learning Hub page and find valuable insights and practical tips on everything from buying and selling properties to property management and investment strategies. Our articles, guides, and videos are for first-time homebuyers and experienced investors. We want to help you make informed decisions regarding real estate, so browse our collection and learn something new today.

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